Blackstone (NYSE:BX) Given New $138.00 Price Target at Rothschild & Co Redburn

Blackstone (NYSE:BX) had its price objective decreased by Rothschild & Co Redburn from $158.00 to $138.00 in a report issued on Thursday,MarketScreener reports. The brokerage currently has a “neutral” rating on the asset manager’s stock. Rothschild & Co Redburn’s price target would indicate a potential upside of 18.19% from the company’s previous close.

A number of other brokerages have also recently issued reports on BX. JPMorgan Chase & Co. lowered their price objective on Blackstone from $158.00 to $122.00 and set a “neutral” rating for the company in a research note on Tuesday, March 3rd. Citizens Jmp reissued a “market outperform” rating and set a $195.00 price objective on shares of Blackstone in a research report on Friday, January 30th. UBS Group dropped their target price on shares of Blackstone from $171.00 to $137.00 and set a “neutral” rating on the stock in a research note on Friday, February 20th. Citigroup reissued a “market outperform” rating on shares of Blackstone in a research report on Friday, January 30th. Finally, HSBC lowered their price objective on Blackstone from $178.00 to $174.00 and set a “hold” rating on the stock in a research report on Wednesday, January 28th. Ten analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $157.38.

Blackstone Stock Down 0.8%

BX opened at $116.76 on Thursday. The company has a 50 day moving average of $118.82 and a 200 day moving average of $142.24. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.61. Blackstone has a 12 month low of $101.73 and a 12 month high of $190.09. The company has a market cap of $86.66 billion, a PE ratio of 30.11, a price-to-earnings-growth ratio of 0.90 and a beta of 1.74.

Blackstone (NYSE:BX) last posted its quarterly earnings results on Thursday, January 29th. The asset manager reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $1.54 by $0.21. Blackstone had a return on equity of 22.17% and a net margin of 20.89%.The firm had revenue of $4.36 billion during the quarter, compared to analyst estimates of $3.69 billion. During the same period last year, the company earned $1.69 earnings per share. The business’s revenue for the quarter was up 41.4% on a year-over-year basis. On average, sell-side analysts expect that Blackstone will post 5.87 EPS for the current year.

Insiders Place Their Bets

In other Blackstone news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $10.00, for a total transaction of $15,961,420.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Holdings Iv Gp Mana Blackstone purchased 2,868,069 shares of the company’s stock in a transaction on Friday, March 20th. The stock was purchased at an average price of $26.15 per share, with a total value of $75,000,004.35. Following the completion of the transaction, the insider owned 18,628,295 shares of the company’s stock, valued at approximately $487,129,914.25. This trade represents a 18.20% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On Blackstone

Hedge funds and other institutional investors have recently made changes to their positions in the company. Jain Global LLC acquired a new position in Blackstone in the 3rd quarter valued at about $9,116,000. Fayez Sarofim & Co raised its position in shares of Blackstone by 1.9% during the 3rd quarter. Fayez Sarofim & Co now owns 1,270,608 shares of the asset manager’s stock valued at $217,083,000 after buying an additional 24,237 shares during the period. Natixis Advisors LLC increased its stake in Blackstone by 20.4% during the third quarter. Natixis Advisors LLC now owns 840,401 shares of the asset manager’s stock worth $143,582,000 after acquiring an additional 142,479 shares during the last quarter. Close Asset Management Ltd lifted its stake in shares of Blackstone by 16,035.1% in the 3rd quarter. Close Asset Management Ltd now owns 1,140,264 shares of the asset manager’s stock valued at $194,746,000 after purchasing an additional 1,133,197 shares during the last quarter. Finally, Whittier Trust Co. lifted its position in Blackstone by 2.1% in the third quarter. Whittier Trust Co. now owns 346,318 shares of the asset manager’s stock valued at $58,337,000 after buying an additional 7,053 shares during the last quarter. Institutional investors own 70.00% of the company’s stock.

Key Stories Impacting Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone and Dubai Aerospace Enterprise (DAE) launched a joint aircraft‑leasing investment programme targeting roughly $1.6 billion of annual deployments — expands Blackstone Credit’s origination/deployment runway and provides a steady, fee‑earning asset stream. Dubai’s DAE and Blackstone launch $1.6 billion annual aircraft leasing programme
• Positive Sentiment: Blackstone’s opportunistic credit fund hit a $10 billion hard cap — strong fundraising signal that supports fee growth and validates investor appetite for BX’s private credit platform. Blackstone opportunistic credit fund hits hard cap of $10B
• Positive Sentiment: Bullish commentary and valuation writeups (Seeking Alpha pieces) argue BX is a discounted opportunity with durable fee franchises and a 3.7% yield — supporting investor interest from value‑oriented buyers. Blackstone: A Discounted Opportunity
• Neutral Sentiment: Blackstone sold a $723 million stake in Legence; strong demand for the sale indicates market appetite for BX’s portfolio monetizations but reduces that particular asset exposure. Legence draws strong demand as Blackstone sells $723M stake
• Neutral Sentiment: Coverage notes on private credit show new funds launching even as redemptions rise — mixed implications: continued product demand helps BX, but higher redemptions in the category are a watch item. New Private Credit Funds Are Being Launched Even as Redemptions Rise. Here’s Why.
• Negative Sentiment: Several firms trimmed price targets (Piper Sandler to $122, Goldman to $118, Barclays to $124) and maintained cautious/hold views — analyst downgrades are pressuring sentiment and cap potential near term. Piper Sandler Lowers Blackstone (NYSE:BX) Price Target to $122.00
• Negative Sentiment: Goldman Sachs and other brokers kept conservative ratings/hold stances, reflecting concerns about near‑term earnings visibility and the impact of market shifts on fee‑related revenue. Blackstone Group (BX) Receives a Hold from Goldman Sachs

About Blackstone

Blackstone Inc (NYSE: BX) is a global investment firm focused on alternative asset management. Founded in 1985 by Stephen A. Schwarzman and Peter G. Peterson and headquartered in New York City, the firm organizes and manages investment vehicles that acquire and operate businesses, real estate and credit investments, as well as provide hedge fund solutions and other alternative strategies for institutional and individual investors.

Blackstone’s business is organized around several principal investment platforms.